J.P. Morgan's Energy Unit Is Curbed

By

Ryan Tracy

Nov. 14, 2012 11:24 p.m. ET

WASHINGTON—U.S. energy-market regulators Wednesday handed J.P. Morgan Chase & Co.'s energy-trading unit a six-month suspension from some of its activities in electricity markets, the latest in a string of clashes with Wall Street.

The Federal Energy Regulatory Commission cited false information it has said the company submitted as part of a probe into alleged market manipulation.